LOBELIA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LOBELIA
Largest movements
- Deferred charges and accrued income -€85,658
down €85,658 (-70.4%), from €121,686 to €36,028
- Tangible fixed assets +€22,990
up €22,990 (+88.5%), from €25,973 to €48,963
- Other debts -€58,204
down €58,204 (-23.8%), from €244,556 to €186,352
- Depreciation -€13,962
down €13,962 (-76.9%), from €18,160 to €4,198
- Gross operating margin -€5,250
down €5,250 (-21.8%), from €24,098 to €18,848
- Taxes +€2,237
up €2,237 (+1,005%), from €223 to €2,460
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,740,260 | €1,691,048 | -€49,212 | -2.8% |
| Formation expenses | 20 | €12,716 | €9,727 | -€2,989 | -23.5% |
| Fixed assets | 21/28 | €1,576,583 | €1,599,573 | +€22,990 | +1.5% |
| Tangible fixed assets | 22/27 | €25,973 | €48,963 | +€22,990 | +88.5% |
| Furniture and vehicles | 24 | €25,973 | €48,963 | +€22,990 | +88.5% |
| Financial fixed assets | 28 | €1,550,610 | €1,550,610 | = | 0.0% |
| Current assets | 29/58 | €150,961 | €81,748 | -€69,214 | -45.8% |
| Amounts receivable within one year | 40/41 | €18,022 | €32,288 | +€14,266 | +79.2% |
| Trade receivables | 40 | €12,141 | €18,150 | +€6,009 | +49.5% |
| Other amounts receivable | 41 | €5,881 | €14,138 | +€8,257 | +140% |
| Cash at bank and in hand | 54/58 | €11,253 | €13,432 | +€2,179 | +19.4% |
| Deferred charges and accrued income | 490/1 | €121,686 | €36,028 | -€85,658 | -70.4% |
| Total equity and liabilities | 10/49 | €1,740,260 | €1,691,048 | -€49,212 | -2.8% |
| Equity | 10/15 | €1,490,398 | €1,501,141 | +€10,743 | +0.7% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,365,398 | €1,376,141 | +€10,743 | +0.8% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €1,352,898 | €1,363,641 | +€10,743 | +0.8% |
| Amounts payable | 17/49 | €249,862 | €189,907 | -€59,955 | -24.0% |
| Amounts payable within one year | 42/48 | €249,862 | €189,907 | -€59,955 | -24.0% |
| Trade debts | 44 | €3,961 | €248 | -€3,713 | -93.7% |
| Suppliers | 440/4 | €3,961 | €248 | -€3,713 | -93.7% |
| Taxes, remuneration and social security | 45 | €1,346 | €3,308 | +€1,962 | +146% |
| Taxes | 450/3 | €1,346 | €3,308 | +€1,962 | +146% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €244,556 | €186,352 | -€58,204 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,160 | €4,198 | -€13,962 | -76.9% |
| Other operating charges | 640/8 | €1,466 | €1,387 | -€79 | -5.4% |
| Gross operating margin | 9900 | €24,098 | €18,848 | -€5,250 | -21.8% |
| Operating profit (loss) | 9901 | €4,472 | €13,263 | +€8,791 | +197% |
| Financial charges | 65/66B | €87 | €61 | -€27 | -30.4% |
| Recurring financial charges | 65 | €87 | €61 | -€27 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €4,385 | €13,202 | +€8,817 | +201% |
| Income taxes | 67/77 | €223 | €2,460 | +€2,237 | +1,005% |
| Profit (loss) for the period | 9904 | €4,162 | €10,743 | +€6,580 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €4,162 | €10,743 | +€6,580 | +158% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.